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Stock impact report

Alamo (NYSE:ALG) Reports Sales Below Analyst Estimates In Q3 Earnings [Yahoo! Finance]

Alamo Group, Inc. (ALG) 
Last alamo group, inc. earnings: 2/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: alamo-group.com/investor-relations
Company Research Source: Yahoo! Finance
Its GAAP profit of $2.28 per share was 7.4% below analysts' consensus estimates. Is now the time to buy Alamo? Find out in our full research report Revenue: $401.3 million vs analyst estimates of $404.3 million (in line) EPS: $2.28 vs analyst expectations of $2.46 (7.4% miss) Gross Margin (GAAP): 25.1%, down from 27.2% in the same quarter last year Operating Margin: 6.9%, down from 11.9% in the same quarter last year Market Capitalization: $2.09 billion Jeff Leonard, Alamo Group's President, and Chief Executive Officer commented, "Our financial results for the third quarter were largely in line with our expectations given the conditions prevalent in our markets. As we experienced in the second quarter, market activity across our two segments continued to diverge." Expanding its markets through acquisitions since its founding, Alamo (NSYE:ALG) designs, manufactures, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, Show less Read more
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